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Here is our pick of the 3 most important Stablecoin news stories during the week. Build it and they will come! This seems to be the week when Central banks have got serious about actually building CBDC’s. First, the ECB is seeking through it’s procurement procedure to acquire strategic partners for consultancy services that allow the […]
The post Stablecoin News for the week ending Wednesday 9th March. appeared first on Daily Fintech.
Earlier this year, Visa revealed during its last earnings call that consumers made $2.5 billion worth of transactions using their crypto-linked cards, during its fiscal first quarter of 2022. Back in July, Visa reported crypto-linked card usage reached $1 billion for the first six months of 2021. The 2022 Q1 numbers represent a 70% increase […]
The post Crypto is inching its way into payments appeared first on Daily Fintech.
Here is our pick of the 3 most important Stablecoin news stories during the week. Will the horrors of Ukraine speed up the transition of Crypto and Stablecoins from a niche to the future of money? In a horrific week, when we witnessed a full scale invasion of Ukraine and scenes many of us thought would […]
The post Stablecoin News for the week ending Wednesday 2nd March. appeared first on Daily Fintech.
Russia launched an all-out attack on Ukraine this Thursday, changing the face of Europe forever. Since every day is marked with new sanctions against Russia, the latest was on Saturday when key Russian banks were banned from the Swift financial system. The ban from Swift is sometimes called “the nuclear option,” and would curtail Russian […]
The post Will crypto help Russia get around sanctions and Swift ban? No! appeared first on Daily Fintech.
Here is our pick of the 3 most important Stablecoin news stories during the week. In an unstable world, Stablecoin market growth continues as Crypto goes sideways. With Russia menacing Ukraine and the world potentially facing the largest conflict since World War 2, our small sector of stablecoins is growing and working as intended, stable! Cryptocurrencies, […]
The post Stablecoin News for the week ending Wednesday 23rd February. appeared first on Daily Fintech.
Inevitable does not mean imminent. It is inevitable that the decentralized Web3 will replace the centralized Web2, but nobody knows when this will happen – it is not imminent. Amaras law is still true; I have deep conviction on direction of travel, but I have no idea on the speed of travel. To trade successfully […]
The post Web3 Part 4 Hype waves go through a lot of turbulence appeared first on Daily Fintech.
Crypto crimes are on the rise. Last year, scammers took home a record $14 billion in cryptocurrency. Criminals laundered $8.6 billion worth of cryptocurrency in 2021, up by 30% from the previous year, based on a report by Chainalysis. On February 8, the Justice Department announced that it seized more than $3.6 billion in stolen […]
The post Laundering crypto is not a walk in the park appeared first on Daily Fintech.
Here is our pick of the 3 most important Stablecoin news stories during the week. CBDC development and research continues. CBDC is the ultimate stablecoin, but the design and operational choices are not straightforward and involve substantial implementation risk (unless of course you are China). So we will not be seeing any Silicon Valley “move fast […]
The post Stablecoin News for the week ending Wednesday 16th February. appeared first on Daily Fintech.
One reason why Web3 has some negative chatter is that it is being used to hype some crypto projects. The implied correlation is Web3 is good so crypto project X is good. I am NOT promoting any crypto projects, but I think that Web3 based on decentralised and permissionless exchange of value is real and […]
The post Web3 Part 3 exchanging value (not just content) online is a game changer appeared first on Daily Fintech.
Here is our pick of the 3 most important Stablecoin news stories during the week. Will stablecoins and CBDC’s help or hinder Crypto? Some would argue that CBDCs will cancel out the need for cryptocurrencies like bitcoin. After all, how many different digital currencies do we really need? This article argues that in fact, the opposite […]
The post Stablecoin News for the week ending Wednesday 9th February. appeared first on Daily Fintech.